Employment for Wholesale Trade: Apparel, Piece Goods, and Notions Merchant Wholesalers (NAICS 4243) in the United States
IPUGN4243W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
149.20
Year-over-Year Change
-0.07%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the apparel, piece goods, and notions merchant wholesaler industry in the United States. It provides insights into labor demand and economic activity within this key wholesale trade sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Employment for Wholesale Trade: Apparel, Piece Goods, and Notions Merchant Wholesalers (NAICS 4243) in the United States metric tracks the number of people employed in this wholesale subsector. It is an important indicator of economic conditions and business confidence in the apparel and textiles industry.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by policymakers, industry analysts, and investors to gauge the health of the wholesale apparel and textiles trade.
Key Facts
- The apparel, piece goods, and notions merchant wholesaler industry employs over 150,000 people in the United States.
- Employment in this sector has fluctuated over the past decade, reflecting changes in consumer demand and global supply chains.
- The COVID-19 pandemic caused a steep decline in employment within the apparel wholesale industry in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the apparel, piece goods, and notions merchant wholesaler industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides insights into the health and activity of the wholesale apparel and textiles trade, which is an important component of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, industry analysts, and investors closely monitor this employment trend to gauge the state of the wholesale apparel and textiles industry and its broader economic implications.
Q: Are there update delays or limitations?
A: There may be occasional delays in data reporting due to the survey-based methodology, and the metric may not capture all informal or unregistered employment in the sector.
Related Trends
Hourly Compensation for Wholesale Trade: Electrical and Electronic Goods Merchant Wholesalers (NAICS 4236) in the United States
IPUGN4236U121000000
Labor Productivity for Wholesale Trade: Petroleum and Petroleum Products Merchant Wholesalers (NAICS 4247) in the United States
IPUGN4247L001000000
Real Sectoral Output for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 42421) in the United States
IPUGN42421T010000000
Unit Labor Costs for Wholesale Trade: Wholesale Trade (NAICS 42) in the United States
IPUGN42U100000000
Hourly Compensation for Wholesale Trade: Chemical and Allied Products Merchant Wholesalers (NAICS 4246) in the United States
IPUGN4246U121000000
Unit Labor Costs for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 4242) in the United States
IPUGN4242U100000000
Citation
U.S. Federal Reserve, Employment for Wholesale Trade: Apparel, Piece Goods, and Notions Merchant Wholesalers (NAICS 4243) in the United States (IPUGN4243W200000000), retrieved from FRED.